Bancassurance or Bank Insurance Model refers to the distribution of the insurance and related financial products by the Banks whose main business is NOT insurance. So, simply Bancassurance, i.e., banc + assurance, refers to banks selling the insurance products In India, ever since espousing of financial reforms following the recommendations of First Narasimham Committee, the
Public saving is an important asset to the nation. It makes the biggest capital for the public spending. Throw some light on the above statement taking in course the deteriorating nature of Public savings with the help of the proposed Indian Financial Code Draft.